Captas: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Captas
Largest movements
- Tangible fixed assets +€300,346
up €300,346 (+2,289%), from €13,121 to €313,467
of which Land and buildings: +€303,611
- Receivables within one year +€144,866
up €144,866 (+586%), from €24,710 to €169,576
of which Trade receivables: +€134,567
- Cash -€83,560
down €83,560 (-71.1%), from €117,569 to €34,009
mainly Investment in fixed assets (net) (-€312,989) and Receivables within one year (-€144,866)
- Current investments -€34,000
down €34,000 (-12.6%), from €269,000 to €235,000
- Debts after one year +€300,000
new in 2025: €300,000
- Other debts +€103,795
up €103,795 (+891%), from €11,643 to €115,438
- Reserves -€74,677
down €74,677 (-18.2%), from €409,903 to €335,226
- Gross operating margin -€37,848
down €37,848 (-28.7%), from €131,830 to €93,982
- Other operating charges +€17,334
up €17,334 (+6,667%), from €260 to €17,594
- Taxes -€10,299
down €10,299 (-39.6%), from €26,020 to €15,721
- Depreciation +€4,609
up €4,609 (+57.4%), from €8,034 to €12,643
- Financial charges +€2,694
up €2,694 (+255%), from €1,057 to €3,751
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,699 | €755,162 | +€327,463 | +76.6% |
| Fixed assets | 21/28 | €13,121 | €313,467 | +€300,346 | +2,289% |
| Tangible fixed assets | 22/27 | €13,121 | €313,467 | +€300,346 | +2,289% |
| Land and buildings | 22 | - | €303,611 | +€303,611 | |
| Plant, machinery and equipment | 23 | €8,954 | €6,026 | -€2,928 | -32.7% |
| Furniture and vehicles | 24 | €4,167 | €3,830 | -€337 | -8.1% |
| Current assets | 29/58 | €414,579 | €441,696 | +€27,117 | +6.5% |
| Amounts receivable within one year | 40/41 | €24,710 | €169,576 | +€144,866 | +586% |
| Trade receivables | 40 | €15,730 | €150,297 | +€134,567 | +855% |
| Other amounts receivable | 41 | €8,980 | €19,279 | +€10,299 | +115% |
| Current investments | 50/53 | €269,000 | €235,000 | -€34,000 | -12.6% |
| Cash at bank and in hand | 54/58 | €117,569 | €34,009 | -€83,560 | -71.1% |
| Deferred charges and accrued income | 490/1 | €3,300 | €3,110 | -€190 | -5.7% |
| Total equity and liabilities | 10/49 | €427,699 | €755,162 | +€327,463 | +76.6% |
| Equity | 10/15 | €411,903 | €337,226 | -€74,677 | -18.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €409,903 | €335,226 | -€74,677 | -18.2% |
| Distributable reserves | 133 | €409,903 | €335,226 | -€74,677 | -18.2% |
| Amounts payable | 17/49 | €15,796 | €417,936 | +€402,140 | +2,546% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €15,796 | €117,936 | +€102,140 | +647% |
| Trade debts | 44 | €1,311 | - | -€1,311 | |
| Suppliers | 440/4 | €1,311 | - | -€1,311 | |
| Taxes, remuneration and social security | 45 | €2,841 | €2,498 | -€344 | -12.1% |
| Taxes | 450/3 | €2,841 | €2,498 | -€344 | -12.1% |
| Other amounts payable | 47/48 | €11,643 | €115,438 | +€103,795 | +891% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,034 | €12,643 | +€4,609 | +57.4% |
| Other operating charges | 640/8 | €260 | €17,594 | +€17,334 | +6,667% |
| Gross operating margin | 9900 | €131,830 | €93,982 | -€37,848 | -28.7% |
| Operating profit (loss) | 9901 | €123,537 | €63,746 | -€59,791 | -48.4% |
| Financial income | 75/76B | - | €1,049 | +€1,049 | |
| Recurring financial income | 75 | - | €1,049 | +€1,049 | |
| Financial charges | 65/66B | €1,057 | €3,751 | +€2,694 | +255% |
| Recurring financial charges | 65 | €1,057 | €3,751 | +€2,694 | +255% |
| Profit (loss) for the period before taxes | 9903 | €122,480 | €61,044 | -€61,436 | -50.2% |
| Income taxes | 67/77 | €26,020 | €15,721 | -€10,299 | -39.6% |
| Profit (loss) for the period | 9904 | €96,460 | €45,323 | -€51,136 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,460 | €45,323 | -€51,136 | -53.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.